Period
to 22 February 2019

The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 6 months to 22 February 2019 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East > Tyne and Wear
6 months to
22 Feb 2019
Same period 2018 Same period 2017
Rank 85 61 127
Rank change year-on-year -24 +66 -54
Contract jobs citing Banking 7 31 19
As % of all contract IT jobs advertised in Tyne and Wear 0.66% 3.12% 0.97%
As % of the General category 4.61% 17.71% 7.09%
Number of daily rates quoted 6 14 19
Tyne and Wear median daily rate £438 £359 £265
Median daily rate % change year-on-year +21.95% +35.38% -32.05%
10th Percentile £363 £285 £101
90th Percentile £525 £733 £550
North East median daily rate £438 £315 £400
% change year-on-year +38.89% -21.25% -11.11%
Number of hourly rates quoted 0 0 0
Tyne and Wear median hourly rate - - -
North East median hourly rate - - -

Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

All General Skills
Tyne and Wear
Contract vacancies with a requirement for common skills 152 175 268
As % of all contract IT jobs advertised in Tyne and Wear 14.41% 17.61% 13.66%
Number of daily rates quoted 106 117 202
Tyne and Wear median daily rate £400 £388 £400
Median daily rate % change year-on-year +3.23% -3.13% -
10th Percentile £290 £236 £263
90th Percentile £581 £624 £563
North East median daily rate £375 £368 £400
% change year-on-year +2.04% -8.13% -2.44%
Number of hourly rates quoted 5 5 3
Tyne and Wear median hourly rate £43.50 £15.50 £11.33
Median hourly rate % change year-on-year +180.65% +36.80% -38.76%
North East median hourly rate £17.89 £16.30 £11.33
% change year-on-year +9.75% +43.87% -31.31%

Banking
Job Vacancy Trend in Tyne and Wear

Job postings citing Banking as a percentage of all IT jobs advertised in Tyne and Wear.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 6 months to 22 February 2019.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 6 months to 22 February 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne -18 7 £438 +21.95% 10
Banking
North East

For the 6 months to 22 February 2019, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Tyne and Wear region with a requirement for Banking.

1 6 (85.71%) Finance
2 4 (57.14%) Agile Software Development
3 3 (42.86%) User Experience
3 3 (42.86%) Digital Transformation Programme
3 3 (42.86%) User-Centered Design (UCD)
4 1 (14.29%) Problem-Solving
4 1 (14.29%) Server Management
4 1 (14.29%) Analytical Skills
4 1 (14.29%) Systems Analysis
4 1 (14.29%) Korn
4 1 (14.29%) Incident Management
4 1 (14.29%) Retail Banking
4 1 (14.29%) Test Scripting
4 1 (14.29%) VME
4 1 (14.29%) Scrum
4 1 (14.29%) Firewall
4 1 (14.29%) C
4 1 (14.29%) COBOL
4 1 (14.29%) Perl
4 1 (14.29%) PL/SQL
4 1 (14.29%) SQL
4 1 (14.29%) Oracle
4 1 (14.29%) Unix
4 1 (14.29%) Solaris
4 1 (14.29%) ProC
4 1 (14.29%) Mainframe

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Communications & Networking
1 1 (14.29%) Firewall
Development Applications
1 1 (14.29%) ProC
General
1 6 (85.71%) Finance
2 1 (14.29%) Retail Banking
Job Titles
1 6 (85.71%) Analyst
2 4 (57.14%) Business Analyst
3 3 (42.86%) Agile Business Analyst
4 1 (14.29%) COBOL Analyst
4 1 (14.29%) Developer
4 1 (14.29%) Finance Business Analyst
4 1 (14.29%) Financial Analyst
4 1 (14.29%) Financial Business Analyst
4 1 (14.29%) Financial Services Business Analyst
4 1 (14.29%) Service Analyst
4 1 (14.29%) SQL Developer
4 1 (14.29%) Support Analyst
Miscellaneous
1 3 (42.86%) User Experience
2 1 (14.29%) Analytical Skills
2 1 (14.29%) Mainframe
Operating Systems
1 1 (14.29%) Solaris
1 1 (14.29%) Unix
1 1 (14.29%) VME
Processes & Methodologies
1 4 (57.14%) Agile Software Development
2 3 (42.86%) Digital Transformation Programme
2 3 (42.86%) User-Centered Design (UCD)
3 1 (14.29%) Incident Management
3 1 (14.29%) Problem-Solving
3 1 (14.29%) Scrum
3 1 (14.29%) Server Management
3 1 (14.29%) Systems Analysis
3 1 (14.29%) Test Scripting
Programming Languages
1 1 (14.29%) C
1 1 (14.29%) COBOL
1 1 (14.29%) Korn
1 1 (14.29%) Perl
1 1 (14.29%) PL/SQL
1 1 (14.29%) SQL
Vendors
1 1 (14.29%) Oracle